The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Other Non-Metallic Mineral Products 23.31 - Manufacture of ceramic tiles and flags
1,000 jobs Number of planned job creations
Announcement Date
7 June 2005
Employment effect (start)
30 June 2006
Foreseen end date
Description
The Spanish Keros Ceramica is investing €12 million in a new factory for wall and floor tiles production. The company is expected to be built and start functioning by 2006, announced Mr. Hose Benavent, owner of Keros Keramica and Mr. Salvador Ferer, president of the management board of Keros Bulgaria, during a press conference. In a second phase, the company intends to raise its investment up to € 20 million. The capacity of the production is foreseen to be 9,000 square metres per day(5 million square metres per year). Keros Ceramica was founded in 1994 in Nules, Spain. Currently the company has a turnover of €30 million per year and exports all over the world. The Bulgarian factory will be the first plant outside Spain.
Sources
8 June 2005: Dnevnik
Citation
Eurofound (2005), Keros Bulgaria, Business expansion in Bulgaria, factsheet number 61720, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61720.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
